Software Developer To Settle FLSA Action For $1.5M

Law360, New York (October 21, 2013, 3:11 PM EDT) -- A software developer on Thursday agreed to shell out $1.47 million to settle a suit brought in California federal court by a proposed class of installation specialists who claim they were unlawfully misclassified as exempt from federal overtime pay requirements of the Fair Labor Standards Act.

The deal marks the second attempt to resolve the suit by the plaintiffs and Agilysys Inc., a leading developer and marketer of proprietary enterprise software to the hospitality and retail industries, according to a motion for preliminary approval of the...